StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Cost of War How Government Can Strategically Reduce the Cost of War - Essay Example

Cite this document
Summary
The twentieth century witnessed two ghastly wars, which led to widespread loss of lives, bloodshed and exhibitionism of powers. In the hindsight, however, these wars entailed huge costs, which the humanity…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER99% of users find it useful
The Cost of War How Government Can Strategically Reduce the Cost of War
Read Text Preview

Extract of sample "The Cost of War How Government Can Strategically Reduce the Cost of War"

Download file to see previous pages

Now, it has been unanimously concluded that wars do much damages than it do the goods. The huge costs involved in wars put heavy strain on the state’s finances and jeopardize the future prosperity. The only solution to reduce the number of wars, if not stop wars at all, is to create an environment of global peace and tranquility. In this regard, all the parties involved, such as the governments and the global populations have to unitedly play a proactive role to spread the message of peace and universal brotherhood.

The history of human civilization is replete with innumerable wars, many of which were indeed colossus in nature and were incredibly costly. Though many wars waged earlier are credited with many remarkable developments for the humankind such as the rise of capitalism, breaking out from the oppressive rulers, creation of administrative state, repossession of own territory, class struggle etc., but at the same time these brutal wars have had imprinted their indelible adverse impact on the mankind also.

The huge monetary costs apart, these wars resulted into loss of invaluable human lives, which cannot be measured or consoled through money. Wars also result into inestimable demand on the scarce resources of the country. In modern times, it is believed in some quarters that wars benefit the economies of the first world countries which are rich to begin with, or countries which initiated the war. Again, it is believed in some other quarters that wars do not necessarily benefit the developed countries, rather wars can sometimes make these countries worse off.

Whatsoever, it is undeniable that wars involve some costs such as the cost of servicing army / military, costs of rebuilding destroyed areas, human costs, environmental costs, etc. It is not easy to quantify these costs involved in wars, but the states can definitely adopt some

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Cost of War How Government Can Strategically Reduce the Cost of Essay”, n.d.)
The Cost of War How Government Can Strategically Reduce the Cost of Essay. Retrieved from https://studentshare.org/miscellaneous/1569453-the-cost-of-war-how-government-can-strategically-reduce-the-cost-of-war
(The Cost of War How Government Can Strategically Reduce the Cost of Essay)
The Cost of War How Government Can Strategically Reduce the Cost of Essay. https://studentshare.org/miscellaneous/1569453-the-cost-of-war-how-government-can-strategically-reduce-the-cost-of-war.
“The Cost of War How Government Can Strategically Reduce the Cost of Essay”, n.d. https://studentshare.org/miscellaneous/1569453-the-cost-of-war-how-government-can-strategically-reduce-the-cost-of-war.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Cost of War How Government Can Strategically Reduce the Cost of War

Wal-Mart - Challenges and Advantages of Foreign Direct Investment

The nation has received several debt reliefs due to its participation in the Gulf war.... On the other hand, the political and economic conditions of an emerging economy are highly volatile thus it can give favorable or even unfavorable uncertainties to the foreign investors.... The paper “Wal-Mart - Challenges and Advantages of Foreign Direct Investment” analyses the firm's best way to minimize foreign exchange risks, leverage government policies to maximize the profitability of FDI,  explores the company's financial management, operations, marketing, and HR needs....
6 Pages (1500 words) Assignment

Shifting Paradigms in the Automotive Industry

The electric vehicles created a situation of threat of substitutes for the internal combustion vehicles since they served the same purpose but at a cheaper cost of maintenance and in more environmental-friendly ways.... However, with the key challenge facing electric vehicles being the low mileage provided by the battery as well as the slow development of charging points, it was not clear how quickly the market's demand side would develop....
12 Pages (3000 words) Essay

PESTLE Analysis of Toyota Company

Toyota has been able to translate its cost advantage into vehicles with higher, more attractive content and longer life than GM.... To add insult to injury, the Japanese yen strengthened by 15% from July to December of 2008, and so every car shipped from Japan to the US cost 15% more.... rmed with cost and quality, Toyota is proud to say that its Toyota Production System (TPS)' is the key for its success.... Jim Matheson of Stanford University says "The process needs low-cost and quality, and Toyota is a role model example of how to use cost and quality to get on the playing field" (Fitzgerald, 2000)....
3 Pages (750 words) Case Study

Science and Engineering Indicators

strategically Japan advanced in computer architectural designing.... The assignment "Science and Engineering Indicators" states that to Japanese people information is a resource, after realizing that it was not endowed with Agricultural productivity policymakers in Japan decided to adjust their strategy in order to cater to the food shortage crisis....
6 Pages (1500 words) Assignment

An Analysis of the US Army in Strategic Management

On the wrong side, there has been fear of losing important industries on the pretext of reducing the cost of production and taking the risk of endangering national security.... National leadership finds it more conducive to use economic power rather than military power to resolve strategically important issues.... 1*Strategy management of any organization can be analyzed with the framework of External Factor Evaluation Matrix (EFE).... olitical, legal, and government factors—McShane (2006) has written a chapter on 'International law and the new world order: Redefining Sovereignty....
5 Pages (1250 words) Essay

Game Theory in Business Applications

This reflected that the company was not ready to give up market share even if it were to come at the cost of profitability.... Thus Intel's price cut could not bring excess market share to any of them but did certainly reduce their revenues.... Thus a firm's pricing decision is dependent on other decisions that are strategically determined....
7 Pages (1750 words) Case Study

Ways Of Strategically Reducing Cost Of War

The paper "Ways Of Strategically Reducing cost of war" discusses costs that are caused by war.... It also shows how government can set up strategies of reducing the above costs.... In the past decade, it is estimated that more than two million victims annually end up been displaced due to war.... Certainly, some of these countries only give back feedback that only facilitates war and other illegal activities.... ccording to the Congressional Research Service (CRS), the marginal cost incurred by Iraq and the Afghanistan government amounts to $ 10 billion per month....
15 Pages (3750 words) Research Paper

The Impact of the Environmental Conditions on Tesco

The advantages to be gained with result in a better und,understanding of the environment in which it operates, avoid major surprises from its competitors and other factors in the environment, identify opportunities and threats earlier than usual, reduce the reaction period to changes in the environment, and improve the planning functions of the management of the organisation.... hellip; The group recently opened the worlds' first zero carbon store in Cambridgeshire in the UK and is committed to helping the world reduce carbon emissions by taking positive steps in every country in which it operates....
11 Pages (2750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us